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president obama often talks about returning to clinton era tax rates. he wants to raise much more revenue from high earners than the clinton era tax code would have raised. and president clinton also dramatically lowered capital gains taxes, and that generally benefited high-earners. so a lot of folks believe that's something that balanced out against the increases on ordinary income. so, you know, that's something that arguably contributed to that surge in technology stocks and much else that created surpluses in the latter half of the clinton presidency. it's a more complicated picture. definitely there are folks who want tax increases but let's not gloss over president obama is talking about way higher taxes than we saw during the clinton era on the high earners. >> that's true. all right. want to talk about a party going on tonight. james, pretty good. there is a party going on, jack kemp foundation is having a party and marco rubio is speaking. paul ryan is speaking. they both want to have complete makeovers. you know -- marco rubio doesn't want to
president obama often talks about returning to clinton era tax rates. he wants to raise much more revenue from high earners than the clinton era tax code would have raised. and president clinton also dramatically lowered capital gains taxes, and that generally benefited high-earners. so a lot of folks believe that's something that balanced out against the increases on ordinary income. so, you know, that's something that arguably contributed to that surge in technology stocks and much else that...
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he increased the income tax by 10%, but the hugesurge in revenues under clinton came through the capital gains tax cut, not from the income-tax increase. lou: you and i have done what the republicans, perhaps too often. we talk about the economics of it, the theoryf it, if you will, the extraction of it, but but the reality is the republican party has not come up with a rejoinder, a response to a, if you will, a socialist redistributionist president wh right now claims the field is on because there is no other standard flying over hat field. there is a speaker of the house to is simply saying, this is not right. you know, we are not at the table and complaining, but not, not engaging. >> i think we have got to engage the argument. we cann win the argument while acknowledging that an increase in tax rates would increase revenues and all. it will just today the top 1 percent are paying about 40 percent of the income tax. the top 5 percent are paying 87% of the income tax. it does not get any better than that. this is nder the bush tax rates. you eliminate those tax rates an you will get le
he increased the income tax by 10%, but the hugesurge in revenues under clinton came through the capital gains tax cut, not from the income-tax increase. lou: you and i have done what the republicans, perhaps too often. we talk about the economics of it, the theoryf it, if you will, the extraction of it, but but the reality is the republican party has not come up with a rejoinder, a response to a, if you will, a socialist redistributionist president wh right now claims the field is on because...
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. >> in 1994 clinton awarded him the national medal of the arts. >> i'll never forget in high school as a musician i could actually play the saxophone lead in "take 5." >> reporter: in 2009 the kennedy center honored his six decades. >> rhythm is an international thing. >> rhythm is an international language. >> reporter: dave brubeck spoke it fluidly. anthony mason, cbs news, new york. >>> coming up after your local news on "cbs morning news," an update on the growing crisis in syria. we'll get reaction from secretary of state hillary clinton who's holding talks. >> plus a groundbreaking way to treat alzheimer's disease with a brain pacemaker. >>> and the latest problems for the boeing 787 dream maker. we'll hear from peter later. >>> that is the morning news for this thursday. as always i appreciate your watching. i'm terrell brown in new york city. thank you, everybody. have a great day. -- captions by vitac -- www.vitac.com decemb >> your realtime captioner: linda marie macdonald >>> hi, everyone. good morning. it's thursday, december 6. good to have you with us. i'm frank mallic
. >> in 1994 clinton awarded him the national medal of the arts. >> i'll never forget in high school as a musician i could actually play the saxophone lead in "take 5." >> reporter: in 2009 the kennedy center honored his six decades. >> rhythm is an international thing. >> rhythm is an international language. >> reporter: dave brubeck spoke it fluidly. anthony mason, cbs news, new york. >>> coming up after your local news on "cbs...
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president of americans for tax reform and robert reish, former secretary of labor for president bill clinton and the author of "beyond outrage." none of the three of us are beyond outrage, grover norquist, which is why i keep having you back. the situation it seems to me as an impartial observer here is that both sides have now made fairly ludicrous offers that they know the other side is never going to accept in a million years. that does beg the question, grover, why bother, given that both sides know where they need to move, why the games? >> well, it's not clear that both sides know. the week after the election, president obama was asked do you have to have the higher rates or could we have deductions and credits and he said he was open to negotiations. three weeks later, after thanksgiving, he shows up and all of a sudden there's a line in the sand on rates that had come out of nowhere, so the president seems to be moving the goal posts in a deliberate effort, i don't know, to extract something, to push people over the fiscal cliff. something's going on and it's not clear because he's n
president of americans for tax reform and robert reish, former secretary of labor for president bill clinton and the author of "beyond outrage." none of the three of us are beyond outrage, grover norquist, which is why i keep having you back. the situation it seems to me as an impartial observer here is that both sides have now made fairly ludicrous offers that they know the other side is never going to accept in a million years. that does beg the question, grover, why bother, given...
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the president's been very careful not to say we have to go up to the clinton-era 39.6%. he hasn't used that number. and so he's -- you know -- >> right now it's 35%. >> right now it's 35%. so if you look in the middle, okay, 37% is a real possibility. but here's the caveat. john boehner, the house speaker, cannot take a rate increase to his caucus unless it is accompanied by some signal of real entitlement cuts. something that they do now and give a down payment on for the future. i don't think you get -- could get rates through unless the president gave a little bit. and if you look at the document from the grand bargain back in july of 2011, the president was willing to give on that. so we'll have to see if they can get back to that. but again, has to be one significant item that they know they'll be able to build upon in the future. an item from both sides. >> neither side's going to be thrilled. but they've got to compromise. >> that's the way life usually works, doesn't it? >> certainly does. thank you. >>> meanwhile, huge announcement today on capitol hill. the con
the president's been very careful not to say we have to go up to the clinton-era 39.6%. he hasn't used that number. and so he's -- you know -- >> right now it's 35%. >> right now it's 35%. so if you look in the middle, okay, 37% is a real possibility. but here's the caveat. john boehner, the house speaker, cannot take a rate increase to his caucus unless it is accompanied by some signal of real entitlement cuts. something that they do now and give a down payment on for the future. i...
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she was with mandela who she calls the greatest statesman in the world when clinton was going through the crisis with monica lewinsky. kati writes, what is it with these americans? we like our men to be very ill. >> it's amazing she's being so frank and honest. i think a lot of people will connect. >> "paris: a love story." >>> we're talking about lady ga gaga. a tweet from her is causing a social media frenzy. but first what's coming up at the bottom of the hour on "sanjay gupta md." >> susan, i'm going to be talking with frankie mun easy, he's only 27 years old. >>> hoarding, those people who find themselves overwhelmed by clutter. all of this coming up at 7:30 a.m. eastern. me -- we're gonna save you money. with straight talk at walmart, you get unlimited talk, text and data for only $45 a month per phone. would we get the same coverage? same coverage on america's best networks. you saved $146.76 by switching to straight talk. awesome! now you can afford to share your allowance with me. get the season's hottest smartphones like the samsung galaxy s2 and get straight talk with unlim
she was with mandela who she calls the greatest statesman in the world when clinton was going through the crisis with monica lewinsky. kati writes, what is it with these americans? we like our men to be very ill. >> it's amazing she's being so frank and honest. i think a lot of people will connect. >> "paris: a love story." >>> we're talking about lady ga gaga. a tweet from her is causing a social media frenzy. but first what's coming up at the bottom of the hour...
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does it go up to 39.6%, where it was during the clinton administration, 37%. boehner says you know what, you can raise tax revenues by eliminating or capping loopholes or deductions. do it like that. the president awhile ago, about a year and a half ago said this. >> what we said was give us 1.2 trillion in additional revenues, which could be accomplished without hiking taxes, tax rates, but could simply be accomplished by eliminating loopholes, eliminating some deductions, and engaging in a tax reform process that could have lowered rates generally while broadening the base. >> that was july, 2011. so what has changed? he says then -- seems to be where boehner is now. raise tax revenue capping deductions, limiting loopholes, not raising tax rates. >> if you listen to the president's entire statement he said as part of a larger tax reform proposal. the fact is you can't get the revenues that are necessary simply by eliminating deductions, unless you want to whack the middle class, and that's not something we can afford to do now. let's also make the point, wol
does it go up to 39.6%, where it was during the clinton administration, 37%. boehner says you know what, you can raise tax revenues by eliminating or capping loopholes or deductions. do it like that. the president awhile ago, about a year and a half ago said this. >> what we said was give us 1.2 trillion in additional revenues, which could be accomplished without hiking taxes, tax rates, but could simply be accomplished by eliminating loopholes, eliminating some deductions, and engaging...
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this offer more bipartisan credibility, speaker boehner said the plan is based on a proposal by former clinton chief of staff erskine bowles. bowles said he was flattered by the use of his name but satsz the proposal, quote -- so far, this greek fiscal drama has yet failed to return. the larger question for america, the play ends in tragedy on december 31st. joining me now from washington, is the president for -- president of americans for tax reform, conservative counter broker and the man who does not believe in unicorns, pink or otherwise, mr. grover norquist. grover, what a day to have you on the show. thanks for joining us. >> absolutely. of course, you know, north korea and -- media announced they did find unicorns in north korea. >> we don't often take our cues from them. i am one that firmly believes in the existence of unicorns somewhere and hopefully maybe in this fiscal cliff deal. grover, the first question i have for you is this, your pledge, the pledge that many republicans have signed on to, opposes any and all efforts to increase marginal income tax rates and opposes any net re
this offer more bipartisan credibility, speaker boehner said the plan is based on a proposal by former clinton chief of staff erskine bowles. bowles said he was flattered by the use of his name but satsz the proposal, quote -- so far, this greek fiscal drama has yet failed to return. the larger question for america, the play ends in tragedy on december 31st. joining me now from washington, is the president for -- president of americans for tax reform, conservative counter broker and the man who...
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also, secretary of state hillary clinton is delaying an overseas trip. she will be delayed by just a day. >>> gas prices have dropped ten cents in the last two weeks. the average price of regular is $3.38 a gallon. finally, getting back to the big winter storm wreaking havoc, it's the heaviest snowfall this season. minnesota police say that it's caused 300 car accidents in 24 hour. that is the news. let's get you back to your program. >>> for more than 200 inmates at the anamosa state penitentiary in iowa, there is one thing for certain, decades from now they will be exactly where they are today. behind bars. you're about to meet some of these lifers, men who have had to accept a harsh reality that a life in prison is the only life they'll ever have. on a hill overlooking anamosa is a small cemetery. it's a quiet, desolate place. and like the prison itself, the gravestones are old and weathered. >> being buried in our cemetery is an option for any inmate regardless of whether they're a lifer or whatever. some of the old-timers who have done a lot of year
also, secretary of state hillary clinton is delaying an overseas trip. she will be delayed by just a day. >>> gas prices have dropped ten cents in the last two weeks. the average price of regular is $3.38 a gallon. finally, getting back to the big winter storm wreaking havoc, it's the heaviest snowfall this season. minnesota police say that it's caused 300 car accidents in 24 hour. that is the news. let's get you back to your program. >>> for more than 200 inmates at the...
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obama versus clinton. they are both up for a grammy in the best spoken word album. >>> 2, 1. >> the first lady joined her husband to light the 28-foot blue spruce christmas tree. it was transplanted days before hurricane sandy before made it. in case you're wondering, this year's white house holiday card is all about bo. the card was designed by an iowa artist and dog lover. that's too cute. >> you can't go wrong if you put your pets or your kids on a card. >> do you put yourself? >> never. >> just kids? >> just kids. >> the white house christmas card is a big deal. when you're on the white house staff, you get a special version of it. people frame it. this is a beautiful card. i love it. >> our team this morning weigh in on the important topic of the annual christmas card for the white house. will cain, cnn contributor. richard socarides, a writer for new yorker.com. this is kind of a disgusting story about snake hunts. not snakes on a plane exactly, but more like this. >> enough is enough. i have had it
obama versus clinton. they are both up for a grammy in the best spoken word album. >>> 2, 1. >> the first lady joined her husband to light the 28-foot blue spruce christmas tree. it was transplanted days before hurricane sandy before made it. in case you're wondering, this year's white house holiday card is all about bo. the card was designed by an iowa artist and dog lover. that's too cute. >> you can't go wrong if you put your pets or your kids on a card. >> do you...
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tax rates in a heartbeat if i could get the clinton spending rates. but neither side wants to talk about spending. it's not a deal to me if they're not going to talk about spending. >> i agree with you, eric. i think you're right. i wrote about that, too. but i think the president now, he's sort of signaled that he may be looking for some wiggle room here. later this afternoon he said that he wanted the tax rate cut now and he would be happy to look at lowering them again in a bigger package, but i agree with you. i think we have to get serious about these spending cuts. i just applied for social security and i want mine. >> all right. rich, appreciate it. eric, thanks. let us know what you think. follow me on twitter. i'm tweeting tonight. >>> just ahead, 21 months after bashir al assad began killing his own people, the fighting is raging in syria. the rest of the world may finally be convinced things are critical there. senator john mccain is asking what took so long. more from him ahead. if we want to improve our schools... ... what should we inves
tax rates in a heartbeat if i could get the clinton spending rates. but neither side wants to talk about spending. it's not a deal to me if they're not going to talk about spending. >> i agree with you, eric. i think you're right. i wrote about that, too. but i think the president now, he's sort of signaled that he may be looking for some wiggle room here. later this afternoon he said that he wanted the tax rate cut now and he would be happy to look at lowering them again in a bigger...
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during what we enjoyed during the clinton jeers. lots of jobs being created. and cutti inting taxes creating has never been proved to be true. with the middle class maintaining the tax cuts, they are going to be spending money and creating jobs.
during what we enjoyed during the clinton jeers. lots of jobs being created. and cutti inting taxes creating has never been proved to be true. with the middle class maintaining the tax cuts, they are going to be spending money and creating jobs.
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during what we enjoyed during the clinton jeers. lots of jobs being created. and cutti inting taxes creating has never been proved to be true. with the middle class maintaining the tax cuts, they are going to be spending money and creating jobs. retail sale s going to go up. to me, it is baffling that the republican ares don't get it. >> we are out of time now. but you stick around and we will talk about something that we will post on or website. and you explain to me your attempts
during what we enjoyed during the clinton jeers. lots of jobs being created. and cutti inting taxes creating has never been proved to be true. with the middle class maintaining the tax cuts, they are going to be spending money and creating jobs. retail sale s going to go up. to me, it is baffling that the republican ares don't get it. >> we are out of time now. but you stick around and we will talk about something that we will post on or website. and you explain to me your attempts
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even bill clinton agrees. here's what he said at a conference i saw him at back in may. >> i think you could tax me at 100% and you wouldn't balance the budget. we're all going to have to contribute to this and if middle class people's wages were going up again and we had some growth in the economy, i don't think they would object to going back to the tax rates. >> with no breakthrough today, fiscal cliff negotiations, could this be a starting point? "outfront" republican congressman james lankford of oklahoma, incoming chairman of the republican policy committee, the fifth ranking position in the house gop leadership. appreciate you're taking the time. what about this idea of racing taxes on everyone? the math works much better. >> i heard your lead in when you said this is a new idea. actually, it's not a new idea, there are several democrats who have floated that for a while. the code word is we want to go back to the clinton tax rates and talk about the clinton economy that we had a much more vigorous econ
even bill clinton agrees. here's what he said at a conference i saw him at back in may. >> i think you could tax me at 100% and you wouldn't balance the budget. we're all going to have to contribute to this and if middle class people's wages were going up again and we had some growth in the economy, i don't think they would object to going back to the tax rates. >> with no breakthrough today, fiscal cliff negotiations, could this be a starting point? "outfront" republican...
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i'm not saying they'd do every detail. >> so was gingrich and clinton. >> and clinton and gingrich evolved into that kind of relationship. and i must say the president has done a poor job. he did a poor job last year and he's done a poor job this year. two days after the election, boehner came up with a tax revenue plan. very controversial in his party. he said, let's cap deductions and loopholes and leave the race alone because that help growth. that was $800 billion. it shocked a lot of republicans. and he got nothing. he got, you know, nothing from obama. and i think that started the bad blood. and i think the president -- >> good point. they both got to learn the art of negotiation. >> we haven't heard from democrats in the senate. i'm going to guarantee you that the democrats in the senate are going to be split on this business of who's rich and what the right tax rates are going to be. >> i have to leave it there, chaps. nick, larry, thank you both much, indeed. >>> coming up next, kerry kennedy joins me about fame, politics and most important of all, taylor swift.ta alka-seltzs cold
i'm not saying they'd do every detail. >> so was gingrich and clinton. >> and clinton and gingrich evolved into that kind of relationship. and i must say the president has done a poor job. he did a poor job last year and he's done a poor job this year. two days after the election, boehner came up with a tax revenue plan. very controversial in his party. he said, let's cap deductions and loopholes and leave the race alone because that help growth. that was $800 billion. it shocked a...
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according to "the new york times," blook called clinton to encourage her to run for mayor in 2013. the call reportedly took place months ago and hillary said thanks but no thanks. this comes as a recent headline from the new yorker editor david riddick declared hillary is running. he reads that conclusion after witnessing secretary clinton as a main speaker at a conference in washington this weekend where he says a slickly produced film on her political career ran like an international endorsement four years in advance of the iowa caucus. >> okay. new jersey governor chris christie is asking for 100% reimbursement from the federal government for the costs of emergency response the state faced in the wake of hurricane sandy. christie said in a letter to fema that the economic damage in his state could top $40 billion. he also plans to couple to washington to press his case later this week. both christie and new york governor andrew cuomo are asking for full compensation for their state's efforts. the white house is also expected to ask for more money. >>> and just one month after th
according to "the new york times," blook called clinton to encourage her to run for mayor in 2013. the call reportedly took place months ago and hillary said thanks but no thanks. this comes as a recent headline from the new yorker editor david riddick declared hillary is running. he reads that conclusion after witnessing secretary clinton as a main speaker at a conference in washington this weekend where he says a slickly produced film on her political career ran like an...
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mayor clinton. >> mayor chelsey clinton. >> jennifer: you think hillary clinton would be interested in being mayor? >> no, as great as new york is, i think it would feel like a demotioning to from traveling the world as secretary of state to dining the fine restaurant of new york. i think they'll vote in quinn. >> jennifer: karl, let me follow up with you. there is a new york democrat nate shinigoa who lost his race, but he received a letter from hillary clinton, and he posted it on his facebook. and she's in fact in that letter encouraging him to keep on fighting in the political website, saying that is new for clinton. do you think she's building support for a presidential campaign? >> i don't think she's building support to go on a nice long vacation. >> jennifer: i totally agree. >> which is probably what she's going to do, take a break while her team puts everything together. it's smart politics congratulating, and offering condolences to anyone who lost. i think it's pretty normal. i think it's usual that a candidate would put it up for the world to see but i think it's a smart t
mayor clinton. >> mayor chelsey clinton. >> jennifer: you think hillary clinton would be interested in being mayor? >> no, as great as new york is, i think it would feel like a demotioning to from traveling the world as secretary of state to dining the fine restaurant of new york. i think they'll vote in quinn. >> jennifer: karl, let me follow up with you. there is a new york democrat nate shinigoa who lost his race, but he received a letter from hillary clinton, and he...
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just let the top rates go back to clinton era levels. i don't like it. you don't like it. but it beats the budget terry oops you are going through right now to raise the same amount of dough. limiting the writeoffs and opening the can of worms is not worth it. less hassle and less revenue overall. if you raise the rates now and save the big foit for a -- the big fight for a conflict. and quit saying entitlements are off the table. curbing the growth is not the same as throwing granny off the cliff. get off your high horse and talking points and get this. republicans just gave you revenues. return the offer. give them a spending road map. if they are going to raise the top rate close to 5% i say you slice the growth in entitlement spending by 2% now and more later. both parties agree to keep growth in all government spending. all of it to no more than 2% a year half the rate at which it is spiraling out of control. super hero fix six, slowly rage the eligibility from 65 to 67 exempting those who are 58 or older now to allow for this adjustment to be slowly worked in. nancy
just let the top rates go back to clinton era levels. i don't like it. you don't like it. but it beats the budget terry oops you are going through right now to raise the same amount of dough. limiting the writeoffs and opening the can of worms is not worth it. less hassle and less revenue overall. if you raise the rates now and save the big foit for a -- the big fight for a conflict. and quit saying entitlements are off the table. curbing the growth is not the same as throwing granny off the...
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we need to go back to the clinton era rates for the most well off americans. it's not going to kill us. the line between freedom and tyranny is not the 35 we pay now and the 39 that the rich will pay as we did when america was a communist paradise. it's just silly now. you've got to be for a tax rate increase or we will go over this fiscal cliff. >> no, you don't. you could raise from a carbon tax of $20 a ton, which will deal with, we are having the biggest record carbon levels. you could raise -- at 4% a year over the next ten year, twice as much as you could from allowing the bush tax rates to lapse. why the income tax system is overburdened in the united states. we use it too much. we should be looking at other taxes. we can't do it in 29 days. why are we doing it in 29 days? >> but the president ran on raises taxes, right? if you look at the polls. 60% of people support raising taxes on people who make over $250,000 a year. how much of a problem is it, david, if the republicans you know, tom coburn said he does not want to raise that tax number. >> the pr
we need to go back to the clinton era rates for the most well off americans. it's not going to kill us. the line between freedom and tyranny is not the 35 we pay now and the 39 that the rich will pay as we did when america was a communist paradise. it's just silly now. you've got to be for a tax rate increase or we will go over this fiscal cliff. >> no, you don't. you could raise from a carbon tax of $20 a ton, which will deal with, we are having the biggest record carbon levels. you...
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budget and the clinton economic policies. they are saying we're not voting for a tax rise or a tax cut. we're kind of abstaining all around. well, if that's their position, fine. i think they call that not leading. >> secretary reich, what do you make of that? we talk about kibuki theater. is anything more kibuki than that, voting present instead of yes, abstaining instead of casting a vote one way or another? >> it's a game within a game within a game. and it's an insiders game. the fact of the matter is most americans, even if they're called republicans, even if they consider themselves conservatives, they understand that 98% of americans do deserve a tax cut, a continuation of the bush tax cuts. and they understand that the rich have never been as rich, and they've never paid an effective tax rate that is as low in living memory. if we have a budget deficit at all, it is only fair. and you don't have to be -- again you don't have to be a republican, you can be a common sense republican to understand that this requires that
budget and the clinton economic policies. they are saying we're not voting for a tax rise or a tax cut. we're kind of abstaining all around. well, if that's their position, fine. i think they call that not leading. >> secretary reich, what do you make of that? we talk about kibuki theater. is anything more kibuki than that, voting present instead of yes, abstaining instead of casting a vote one way or another? >> it's a game within a game within a game. and it's an insiders game....
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they could have left it today with secretary clinton's statement. i think this was a very deliberate point that the president was making. he is fully engaged in this issue. clearly the president's been briefed, he's talking to his cabinet. we should assume that the united states military has continued the operations on the table fully prepared ready to go. there has been talk about the chemical weapons of syria for months, the military has had time to prepare. the administration has been clear, a military option is not where they want to have to go but i think the president's statement makes the point that they will go there if they have to, and i think that's the right message to send. we cannot permit syria to think using their chemical weapons and sarin gas stockpiles is an option for them. >> you make the important point that when the president gets involved, that's a calculated decision and every word he says is carefully reviewed. he said he had a message to assad and those around him. is that a message about future potential war crimes prosec
they could have left it today with secretary clinton's statement. i think this was a very deliberate point that the president was making. he is fully engaged in this issue. clearly the president's been briefed, he's talking to his cabinet. we should assume that the united states military has continued the operations on the table fully prepared ready to go. there has been talk about the chemical weapons of syria for months, the military has had time to prepare. the administration has been clear,...
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here's what he said. >> if their competitor in '16 is hillary clinton, supported by bill clinton and presumably still relatively popular president barack obama, trying to win that will truly be the super bowl and the republican party today is incapable of competing at that level. >> that's a strong statement, but not entirely inaccurate. she will be a formidable candidate if the economy is improving and they get a budget deal. look, three times in a row, very rare, george bush, ronald reagan, last time it happened. nothing is given, but given the demog r demography, her appeal would be formidable. >> the republican party in four years, hopefully more competitive. governors getting their sfripz. marco rubbo and paul ryan, reframing the republican party. is it possible there could be a new republican party in four years? i certainly hope so. we'll see. >> i have been waiting for this all along. newt gingrich, saying hillary clinton formidable. my god. >> i believe hell has frozen over and cats and dogs now getting together. >> i want hillary to run. i'm excited. >> still ahead, on "sta
here's what he said. >> if their competitor in '16 is hillary clinton, supported by bill clinton and presumably still relatively popular president barack obama, trying to win that will truly be the super bowl and the republican party today is incapable of competing at that level. >> that's a strong statement, but not entirely inaccurate. she will be a formidable candidate if the economy is improving and they get a budget deal. look, three times in a row, very rare, george bush,...
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. >> ford is your we offered a serious proposal based on testimony of friends that clinton's former chief of staff. since then there has been no counteroffer from the white house. instead, reports indicate that the president has adopted a deliberate strategy to a slow walk our economy right to the edge of the fiscal cliff. gerri: earlier i askd republican senator richard shelby of alabama for histake on the comments from boehner. >> i believe that speaker boehner is on the right track. the president has not come uptown now, been deeply involved, that we know about , in any of these offers are counterfers dealers said he has been campaigning to meet. but he has to get involved if he wants to avoid the fiscal liff. i think that the speaker has indicated that he will try to engage in, t to meet him and try to avoid the fiscal cleft that the presiient is gng to continue to say it is my way or the highway, that is another game. gei: it is. harry reid today saying that the game is at chess game, and the republicans are the jets. here is harry reid. >> he has a problem. he has three quarterbacks
. >> ford is your we offered a serious proposal based on testimony of friends that clinton's former chief of staff. since then there has been no counteroffer from the white house. instead, reports indicate that the president has adopted a deliberate strategy to a slow walk our economy right to the edge of the fiscal cliff. gerri: earlier i askd republican senator richard shelby of alabama for histake on the comments from boehner. >> i believe that speaker boehner is on the right...
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. >> james, you are super, but if you give the democrats the great clinton tax rates you have to get the spending rate to g.d.p. at the same time. >> you are right. we will see. >> ruth from tell. >> i am in agreement with the fiscal cliff, you are my hero. we. >> robert, e-mail, perfect solution, again you nailed it, neil. >> jay from arizona, to the super hero i am glad someone is coming to the aid of the country. if you want do be a super hero you may want to turn your tall ends to educate the people on economics of country. >> that is what i do as a mortal on this follow show and on fox business network each day, jay every day, without a super her overoutfit. >> and i often watch with my dad and i think you are funny but i wonder, was he an odd kid? you seem like you would have done some odd things? >> well, if you call always worrying about the planet trying to say that the odds, well, guilty. >> kathy from hotmail, i love you, not in a romantic we because you saw it as it is. why not run for budget? i was too busy being a super hero, leaving mere mortals to lead. >> from north
. >> james, you are super, but if you give the democrats the great clinton tax rates you have to get the spending rate to g.d.p. at the same time. >> you are right. we will see. >> ruth from tell. >> i am in agreement with the fiscal cliff, you are my hero. we. >> robert, e-mail, perfect solution, again you nailed it, neil. >> jay from arizona, to the super hero i am glad someone is coming to the aid of the country. if you want do be a super hero you may want...
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then they create this this thing it was because bowles was never elected to anything he was just a clinton staffer fact he got knocked down twice and twice he was defeated i don't know why these guys represent anybody but anyhow they said panetta burns because leon panetta used to be a clinton staffer and burns was a republican senator westerners a republican senator so they said well what do you think of the panetta burns strategy twenty five percent of americans support that thirty nine percent support simpson bowles doesn't this tell us something about the whole lane and americans are and how they want to agree with that nice fellow who's asking the question you think you think that was i want to look smart i think if the issue is that they want to look smart they want to look like they're in the know yes i can remember going there is nothing about this a lot of people are busy raising kids watching t.v. working and they want to participate in politics and they go no i can't agree with you and as a result of thirty five years or greater nomics both people the family are working they're
then they create this this thing it was because bowles was never elected to anything he was just a clinton staffer fact he got knocked down twice and twice he was defeated i don't know why these guys represent anybody but anyhow they said panetta burns because leon panetta used to be a clinton staffer and burns was a republican senator westerners a republican senator so they said well what do you think of the panetta burns strategy twenty five percent of americans support that thirty nine...
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today saying, point blank, they want a it would two-step process for tax reform, raise the top to the clinton levels now and let next year be a time for negotiating rates for the future and maybe everybody could lower the rates for everyone during that time. >> how much of this do you think is just public posturing and kind of bloviating on cable channels? it seems like a lot of that is going on. >> reporter: so much of that is public posturing and bloviating. but i think the difference between now and what we've seen in past high-stakes negotiations like this, you have the public posturing, the bloviating and the, okay, guys, let's roll up our sleeves and talk about what's really going on. by all accounts, that's not happening right now. the fact you said it's news the president and speaker had their first phone conversation which got nowhere in a week is really amazing and speaks to the lack of the real conversations going on behind the scenes. i will say that, you know, back to what david and jessica were saying, david particularly about the fact that -- the question about whether the whit
today saying, point blank, they want a it would two-step process for tax reform, raise the top to the clinton levels now and let next year be a time for negotiating rates for the future and maybe everybody could lower the rates for everyone during that time. >> how much of this do you think is just public posturing and kind of bloviating on cable channels? it seems like a lot of that is going on. >> reporter: so much of that is public posturing and bloviating. but i think the...
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when he talked about the popularity of bill clinton. that's not because of the color of clinton's eyes or the cut of his suit suits, that's bought cn had real economic growth that benefited most people. you have to keep your eye on that prize. what is going to be our answer as republicans to the party of raising living standards for most people. >> we have no idea what's going to happen between now and 2016. the world could change for all we know. the economic situation would change dramatically. we have no way of knowing. but it's fun to talk about the possibility of hillary clinton running for president -- >> i'm excited about the prospect that she might run again. >> are you surprised the president once again today went to michigan? it looked like a campaign rally. he's out there campaigning now for his position on the fiscal cliff and also campaigning against the anti-union vote that's coming up tomorrow in michigan. >> he certainly owes organized labor. and obviously if you're a democratic president and there's a ballot like this,
when he talked about the popularity of bill clinton. that's not because of the color of clinton's eyes or the cut of his suit suits, that's bought cn had real economic growth that benefited most people. you have to keep your eye on that prize. what is going to be our answer as republicans to the party of raising living standards for most people. >> we have no idea what's going to happen between now and 2016. the world could change for all we know. the economic situation would change...
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hillary clinton has said she is not running. >> hillary clinton has said she is not running. when the mike is put in front of them, the red lights, things change quickly. >>gregg: gentleman, i have to call it quits for our political insiders. thank you so much, gentleman. more of our political insiders each monday at 10:30 a.m., eastern. they will be back here, of course, next sunday, same time, same channel. >>heather: coming up, an american doctor abducted by the taliban is saved in a daring rescue by united states forces. the doctor endure add grueling ordeal for five days. coming up, colonel oliver north how the mission went down. is what drives us to broadcast the world's biggest events in 3d, or live to your seat high above the atlantic ocean. it's what drives us to create eco-friendly race tracks, batteries that power tomorrow's cars, nearlyndestructible laptops, and the sustainable smart towns of the future. at panasonic, we're driven to make what matters most better. just another way we're engineering a better world for you. >>gregg: we are lending more of the dramat
hillary clinton has said she is not running. >> hillary clinton has said she is not running. when the mike is put in front of them, the red lights, things change quickly. >>gregg: gentleman, i have to call it quits for our political insiders. thank you so much, gentleman. more of our political insiders each monday at 10:30 a.m., eastern. they will be back here, of course, next sunday, same time, same channel. >>heather: coming up, an american doctor abducted by the taliban is...
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try to do something a little bit more mainstream with a little bit more broad appeal, a la hillary clinton in her first couple of months up here on capitol hill. they don't expect her to focus entire loin the consumer financial protection bureau, for example. they think she would like a larger beach head on capitol hill and i think that is where this is going. >> thank you very much. take it down to sue at the nyse. >> i have kenny poll carry, independent trader at the nyse with me. you made a note in your morning note that we are stuck this in range until we get progress. >> look where we are, between 1400 on the downside you can and 1420 the upside. today, done absolutely nothing, at 1404, 1406 all day, not a lot of action, not a lot of activity at all. people just in this wait and see mode, right? more chatter out of washington. i think a lot of people expecting the interview with the president, hear what he had to same the market got weaker after spoke. >> down 18 point on the trading session now the volume disturbing now, because there is none. >> that just tells that you investors ar
try to do something a little bit more mainstream with a little bit more broad appeal, a la hillary clinton in her first couple of months up here on capitol hill. they don't expect her to focus entire loin the consumer financial protection bureau, for example. they think she would like a larger beach head on capitol hill and i think that is where this is going. >> thank you very much. take it down to sue at the nyse. >> i have kenny poll carry, independent trader at the nyse with me....
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it would be a hillary clinton/david petraeus ticket. but i think that's kind of -- you know. >> we have to rewrite half of it. >> yes, well, although i mean -- we don't even need to go there. >> the hillary, what i've heard, is that the people who are in the financial end of hillary's campaign have been alerted that they got planning to do. some of them are also andrew cuomo fund-raisers and they are alert that there is planning they need to do. some of them are pretty conflicted. that's the best that i have on what she's thinking. >> i've talk to some of the fundraisers and they are planning. i think she is going to run. she is exhausted now. she'll take a couple -- she may not know she is going to run although i suspect she kind of does. she will take a couple years. and at this point she would be a very, very formidable candidate. depending on what happens over the next four years. mario cuomo used to say between now and then, a pope will be born which means, who the hell knows what's going to happen? the second obama term could be a
it would be a hillary clinton/david petraeus ticket. but i think that's kind of -- you know. >> we have to rewrite half of it. >> yes, well, although i mean -- we don't even need to go there. >> the hillary, what i've heard, is that the people who are in the financial end of hillary's campaign have been alerted that they got planning to do. some of them are also andrew cuomo fund-raisers and they are alert that there is planning they need to do. some of them are pretty...
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barack obama won, so they liked hillary clinton. if hillary clinton had won in 2008, you would hear lots of republicans saying, none of this would be happening if that idealistic barack obama had won instead. if hillary clinton is the nominee in 2016, this will be an election decided by three or four percentage points. it will not be a 57/30 election. >> it always tightens. i'm curious about the other side since you're talking about 2008. marco rubio and paul ryan both spoke at this dinner and they were -- these were speeches where they're trying to define themselves as who they are. both probably going to run in 2016. how would a rubio/ryan stack up against a hillary clinton? in a sense it sort of feels like 2008 reversed, right, except for experience would come on the democratic side with hillary and the youth and this sort of idealism might perhaps come from a rubio or ryan on the republican side? >> well, if i look at that poll you were referring to, hillary clinton is the overwhelming favorite among young people, especially you
barack obama won, so they liked hillary clinton. if hillary clinton had won in 2008, you would hear lots of republicans saying, none of this would be happening if that idealistic barack obama had won instead. if hillary clinton is the nominee in 2016, this will be an election decided by three or four percentage points. it will not be a 57/30 election. >> it always tightens. i'm curious about the other side since you're talking about 2008. marco rubio and paul ryan both spoke at this...